Germany: Behr sees losses halving in 2010

Behr has reported what it refers to as "massive" losses in 2009, although restructuring measures meant that the supplier returned a positive EBIT, excluding restructuring, in Q4 2009. The company has also reported a 28% increase in Q1 2010 revenue, compared with Q1 2009, to €749m (US$1bn) and positive EBIT, Subscribe to Automotive World to … Continued

• By Webmaster
• April 22, 2010